2015 Q3 Form 10-Q Financial Statement
#000114420415047742 Filed on August 10, 2015
Income Statement
Concept | 2015 Q3 | 2015 Q2 | 2014 Q2 |
---|---|---|---|
Revenue | $6.525M | $14.00M | $8.259M |
YoY Change | -20.56% | 69.46% | 133.9% |
Cost Of Revenue | $2.700M | $2.700M | $5.102M |
YoY Change | -32.95% | -47.08% | 212.62% |
Gross Profit | $3.825M | $11.30M | $3.157M |
YoY Change | -8.65% | 257.81% | 66.25% |
Gross Profit Margin | 58.62% | 80.71% | 38.22% |
Selling, General & Admin | $9.100M | $7.100M | $5.800M |
YoY Change | 89.58% | 22.41% | 45.0% |
% of Gross Profit | 237.91% | 62.85% | 183.72% |
Research & Development | $30.66M | $27.73M | $15.20M |
YoY Change | 59.55% | 82.4% | 40.96% |
% of Gross Profit | 801.67% | 245.48% | 481.53% |
Depreciation & Amortization | $1.500M | $1.500M | $1.000M |
YoY Change | 50.0% | 50.0% | 66.67% |
% of Gross Profit | 39.22% | 13.28% | 31.68% |
Operating Expenses | $30.66M | $27.73M | $15.20M |
YoY Change | 59.55% | 82.4% | 40.96% |
Operating Profit | -$33.20M | -$20.82M | -$17.85M |
YoY Change | 67.76% | 16.64% | 38.4% |
Interest Expense | $64.00K | $26.00K | $51.00K |
YoY Change | 36.17% | -49.02% | 13.33% |
% of Operating Profit | |||
Other Income/Expense, Net | -$51.00K | $72.00K | $18.00K |
YoY Change | 168.42% | 300.0% | |
Pretax Income | -$33.10M | -$20.60M | -$17.86M |
YoY Change | 67.79% | 15.32% | 41.46% |
Income Tax | $0.00 | ||
% Of Pretax Income | |||
Net Earnings | -$33.12M | -$20.64M | -$17.86M |
YoY Change | 67.89% | 15.55% | 41.41% |
Net Earnings / Revenue | -507.59% | -147.48% | -216.3% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$2.452M | -$1.537M | -$1.642M |
COMMON SHARES | |||
Basic Shares Outstanding | 269.6M shares | 268.0M shares | 209.3M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2015 Q3 | 2015 Q2 | 2014 Q2 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $290.2M | $314.9M | $152.5M |
YoY Change | 62.94% | 106.49% | 275.62% |
Cash & Equivalents | $138.1M | $167.4M | $103.9M |
Short-Term Investments | $152.0M | $147.6M | $149.7M |
Other Short-Term Assets | $15.60M | $13.20M | $269.0K |
YoY Change | 3780.6% | 4807.06% | 1245.0% |
Inventory | |||
Prepaid Expenses | $5.116M | ||
Receivables | $4.300M | $2.342M | $3.719M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $310.1M | $333.0M | $166.6M |
YoY Change | 61.53% | 99.86% | 267.25% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $29.42M | $26.13M | $15.12M |
YoY Change | 68.2% | 72.8% | 13.54% |
Goodwill | $53.06M | $53.31M | $57.91M |
YoY Change | -5.54% | -7.94% | 74.73% |
Intangibles | $11.01M | $11.36M | $15.09M |
YoY Change | -20.04% | -24.72% | |
Long-Term Investments | $56.40M | ||
YoY Change | |||
Other Assets | $1.044M | $918.0K | $159.0K |
YoY Change | 556.6% | 477.36% | -52.54% |
Total Long-Term Assets | $94.53M | $91.72M | $145.4M |
YoY Change | -5.97% | -36.91% | 205.74% |
TOTAL ASSETS | |||
Total Short-Term Assets | $310.1M | $333.0M | $166.6M |
Total Long-Term Assets | $94.53M | $91.72M | $145.4M |
Total Assets | $404.6M | $424.7M | $312.0M |
YoY Change | 38.33% | 36.13% | 235.77% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $8.201M | $7.117M | $4.495M |
YoY Change | 175.66% | 58.33% | 52.58% |
Accrued Expenses | $13.27M | $16.52M | $11.00M |
YoY Change | -3.22% | 50.23% | 52.26% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $500.0K | $500.0K | $900.0K |
YoY Change | -44.44% | -44.44% | 50.0% |
Total Short-Term Liabilities | $24.87M | $27.05M | $17.48M |
YoY Change | 33.47% | 54.77% | 55.29% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $0.00 | $100.0K | $900.0K |
YoY Change | -100.0% | -88.89% | -52.63% |
Other Long-Term Liabilities | $3.094M | $73.00K | $1.507M |
YoY Change | 121.16% | -95.16% | -85.78% |
Total Long-Term Liabilities | $3.094M | $73.00K | $1.507M |
YoY Change | 121.16% | -95.16% | -87.94% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $24.87M | $27.05M | $17.48M |
Total Long-Term Liabilities | $3.094M | $73.00K | $1.507M |
Total Liabilities | $37.62M | $37.10M | $30.26M |
YoY Change | 21.88% | 22.59% | 27.72% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$571.2M | -$538.1M | -$441.8M |
YoY Change | 23.76% | 21.79% | 16.03% |
Common Stock | $2.703M | $2.691M | $2.386M |
YoY Change | 13.14% | 12.78% | 55.74% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | $2.450M | $2.450M | $2.450M |
YoY Change | 0.0% | 0.0% | 0.0% |
Treasury Stock Shares | 455.4K shares | 455.4K shares | |
Shareholders Equity | $367.0M | $387.6M | $281.7M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $404.6M | $424.7M | $312.0M |
YoY Change | 38.33% | 36.13% | 235.77% |
Cashflow Statement
Concept | 2015 Q3 | 2015 Q2 | 2014 Q2 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$33.12M | -$20.64M | -$17.86M |
YoY Change | 67.89% | 15.55% | 41.41% |
Depreciation, Depletion And Amortization | $1.500M | $1.500M | $1.000M |
YoY Change | 50.0% | 50.0% | 66.67% |
Cash From Operating Activities | -$28.50M | -$12.30M | -$11.00M |
YoY Change | 80.38% | 11.82% | 44.74% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$4.400M | -$4.300M | -$900.0K |
YoY Change | 41.94% | 377.78% | -47.06% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$4.800M | -$35.10M | -$101.8M |
YoY Change | -90.61% | -65.52% | 6262.5% |
Cash From Investing Activities | -$9.200M | -$39.40M | -$102.8M |
YoY Change | -82.99% | -61.67% | 3112.5% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 8.500M | 4.100M | 107.7M |
YoY Change | 1600.0% | -96.19% | 2347.73% |
NET CHANGE | |||
Cash From Operating Activities | -28.50M | -12.30M | -11.00M |
Cash From Investing Activities | -9.200M | -39.40M | -102.8M |
Cash From Financing Activities | 8.500M | 4.100M | 107.7M |
Net Change In Cash | -29.20M | -47.60M | -6.100M |
YoY Change | -57.93% | 680.33% | -4.69% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$28.50M | -$12.30M | -$11.00M |
Capital Expenditures | -$4.400M | -$4.300M | -$900.0K |
Free Cash Flow | -$24.10M | -$8.000M | -$10.10M |
YoY Change | 89.76% | -20.79% | 71.19% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2014Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
0 | USD |
CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
32335000 | USD |
CY2015Q2 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
147554000 | USD |
CY2014Q4 | us-gaap |
Marketable Securities Current
MarketableSecuritiesCurrent
|
135721000 | USD |
CY2015Q2 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
0 | USD |
CY2015Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
2342000 | USD |
CY2014Q4 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
7510000 | USD |
CY2015Q2 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
167384000 | USD |
CY2014Q4 | us-gaap |
Liabilities
Liabilities
|
46384000 | USD |
CY2014Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
297000 | USD |
CY2015Q2 | us-gaap |
Government Contract Receivable Unbilled Amounts
GovernmentContractReceivableUnbilledAmounts
|
2498000 | USD |
CY2014Q4 | us-gaap |
Government Contract Receivable Unbilled Amounts
GovernmentContractReceivableUnbilledAmounts
|
3100000 | USD |
CY2015Q2 | us-gaap |
Assets Current
AssetsCurrent
|
332979000 | USD |
CY2014Q4 | us-gaap |
Assets Current
AssetsCurrent
|
188158000 | USD |
CY2015Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
26134000 | USD |
CY2014Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
19737000 | USD |
CY2015Q2 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
11360000 | USD |
CY2014Q4 | us-gaap |
Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
|
12577000 | USD |
CY2015Q2 | us-gaap |
Goodwill
Goodwill
|
53307000 | USD |
CY2014Q4 | us-gaap |
Goodwill
Goodwill
|
54612000 | USD |
CY2015Q2 | us-gaap |
Assets
Assets
|
424698000 | USD |
CY2014Q4 | us-gaap |
Assets
Assets
|
276002000 | USD |
CY2015Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
7117000 | USD |
CY2014Q4 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
12908000 | USD |
CY2015Q2 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
532000 | USD |
CY2014Q4 | us-gaap |
Notes Payable Current
NotesPayableCurrent
|
603000 | USD |
CY2015Q2 | us-gaap |
Deferred Rent Credit Current
DeferredRentCreditCurrent
|
1187000 | USD |
CY2014Q4 | us-gaap |
Deferred Rent Credit Current
DeferredRentCreditCurrent
|
1138000 | USD |
CY2015Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
27053000 | USD |
CY2014Q4 | us-gaap |
Liabilities Current
LiabilitiesCurrent
|
34116000 | USD |
CY2015Q2 | us-gaap |
Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
|
2500000 | USD |
CY2014Q4 | us-gaap |
Deferred Revenue Noncurrent
DeferredRevenueNoncurrent
|
2500000 | USD |
CY2015Q2 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
149000 | USD |
CY2014Q4 | us-gaap |
Long Term Notes Payable
LongTermNotesPayable
|
395000 | USD |
CY2015Q2 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
7320000 | USD |
CY2014Q4 | us-gaap |
Deferred Rent Credit Noncurrent
DeferredRentCreditNoncurrent
|
7734000 | USD |
CY2015Q2 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
73000 | USD |
CY2015Q2 | us-gaap |
Liabilities
Liabilities
|
37095000 | USD |
CY2015Q2 | us-gaap |
Commitments And Contingencies
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|
0 | USD |
CY2015Q2 | us-gaap |
Preferred Stock Value
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|
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Common Stock Value
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|
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Additional Paid In Capital
AdditionalPaidInCapital
|
934176000 | USD |
CY2014Q4 | us-gaap |
Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
|
1639000 | USD |
CY2014Q4 | us-gaap |
Treasury Stock Value
TreasuryStockValue
|
2450000 | USD |
CY2014Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-6605000 | USD |
CY2014Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
229618000 | USD |
CY2014Q4 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
70000 | USD |
CY2014Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
276002000 | USD |
CY2014Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
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CY2014Q4 | us-gaap |
Prepaid Expense And Other Assets Current
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CY2014Q4 | us-gaap |
Accrued Liabilities Current
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|
19397000 | USD |
CY2014Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
2393000 | USD |
CY2014Q4 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
918000 | USD |
CY2014Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-493093000 | USD |
CY2014Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2015Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
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CY2015Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
1042000 | USD |
CY2015Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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|
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Comprehensive Income Net Of Tax
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|
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Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
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CY2015Q2 | nvax |
Research And Development Collaboration
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|
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CY2014Q2 | nvax |
Research And Development Collaboration
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Revenues
Revenues
|
13996000 | USD |
CY2015Q2 | us-gaap |
Interest Expense
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|
26000 | USD |
CY2014Q2 | us-gaap |
Interest Expense
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|
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CY2015Q2 | us-gaap |
Retained Earnings Accumulated Deficit
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|
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CY2015Q2 | us-gaap |
Treasury Stock Value
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|
2450000 | USD |
CY2015Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
-8710000 | USD |
CY2015Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
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CY2015Q2 | us-gaap |
Liabilities And Stockholders Equity
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|
424698000 | USD |
CY2015Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
13201000 | USD |
CY2015Q2 | us-gaap |
Other Liabilities Current
OtherLiabilitiesCurrent
|
1695000 | USD |
CY2015Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
16522000 | USD |
CY2015Q2 | us-gaap |
Other Assets Noncurrent
OtherAssetsNoncurrent
|
918000 | USD |
CY2015Q2 | us-gaap |
Contracts Revenue
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|
13720000 | USD |
CY2014Q2 | us-gaap |
Contracts Revenue
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|
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CY2014Q2 | us-gaap |
Revenues
Revenues
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CY2015Q2 | us-gaap |
Contract Revenue Cost
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|
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CY2014Q2 | us-gaap |
Contract Revenue Cost
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|
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CY2014Q2 | us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
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General And Administrative Expense
GeneralAndAdministrativeExpense
|
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CY2014Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
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CY2015Q2 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
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CY2014Q2 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
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CY2015Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-20821000 | USD |
CY2014Q2 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-17851000 | USD |
CY2015Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
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|
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CY2014Q2 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
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CY2015Q2 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.08 | |
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Earnings Per Share Basic And Diluted
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|
-0.08 | |
CY2015Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-20641000 | USD |
CY2014Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-17864000 | USD |
CY2015Q2 | us-gaap |
Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
|
0 | USD |
CY2014Q2 | us-gaap |
Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
|
0 | USD |
CY2014Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
27000 | USD |
CY2015Q2 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
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CY2014Q2 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
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CY2014Q2 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-1410000 | USD |
CY2014Q2 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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|
-1383000 | USD |
CY2014Q2 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-19247000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-45011000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-31674000 | USD | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
2795000 | USD | |
us-gaap |
Accretion Amortization Of Discounts And Premiums Investments
AccretionAmortizationOfDiscountsAndPremiumsInvestments
|
-593000 | USD | |
us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
-365000 | USD | |
us-gaap |
Lease And Rental Expense
LeaseAndRentalExpense
|
-45000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2892000 | USD | |
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-1214000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-5364000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
1828000 | USD | |
us-gaap |
Increase Decrease In Unbilled Receivables
IncreaseDecreaseInUnbilledReceivables
|
-602000 | USD | |
us-gaap |
Increase Decrease In Unbilled Receivables
IncreaseDecreaseInUnbilledReceivables
|
-149000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
3449000 | USD | |
CY2015Q2 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
4000 | USD |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
1823000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-8339000 | USD | |
us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
33000 | USD | |
us-gaap |
Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
|
32000 | USD | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
-243000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-42812000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-1279000 | USD | |
us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
109000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
-31372000 | USD | |
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
9240000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-21619000 | USD | |
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
1846000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-93080000 | USD | |
us-gaap |
Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
|
-315000 | USD | |
us-gaap |
Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
|
-338000 | USD | |
us-gaap |
Proceeds From Repayments Of Restricted Cash Financing Activities
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
|
0 | USD | |
CY2014Q4 | us-gaap |
Available For Sale Securities Amortized Cost
AvailableForSaleSecuritiesAmortizedCost
|
135786000 | USD |
CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
119471000 | USD |
us-gaap |
Interest Paid
InterestPaid
|
57000 | USD | |
us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
63350000 | USD | |
us-gaap |
Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
|
13440000 | USD | |
us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-4000 | USD | |
us-gaap |
Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
|
104686000 | USD | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
840000 | USD | |
CY2014Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
12577000 | USD |
us-gaap |
Proceeds From Repayments Of Restricted Cash Financing Activities
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
|
-1000 | USD | |
us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-80000 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
135049000 | USD | |
CY2015Q2 | us-gaap |
Available For Sale Securities
AvailableForSaleSecurities
|
147554000 | USD |
CY2014Q4 | us-gaap |
Available For Sale Securities
AvailableForSaleSecurities
|
135721000 | USD |
us-gaap |
Available For Sale Securities Gross Unrealized Gains
AvailableForSaleSecuritiesGrossUnrealizedGains
|
18000 | USD | |
CY2014 | us-gaap |
Available For Sale Securities Gross Unrealized Gains
AvailableForSaleSecuritiesGrossUnrealizedGains
|
8000 | USD |
us-gaap |
Available For Sale Securities Gross Unrealized Loss
AvailableForSaleSecuritiesGrossUnrealizedLoss
|
34000 | USD | |
CY2014 | us-gaap |
Available For Sale Securities Gross Unrealized Loss
AvailableForSaleSecuritiesGrossUnrealizedLoss
|
73000 | USD |
us-gaap |
Goodwill Translation Adjustments
GoodwillTranslationAdjustments
|
-1305000 | USD | |
CY2015Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
13018000 | USD |
CY2015Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
1658000 | USD |
CY2014Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
1307000 | USD |
CY2015Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
11360000 | USD |
CY2014Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
13884000 | USD |
CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
15000 | shares |
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
15000 | shares |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
0 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
|
0 | shares | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
|
0 | shares | |
CY2014Q4 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
4.48 | |
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
|
4.48 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
0 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
|
0 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
|
0 | ||
CY2015Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
2580000 | USD |
CY2014Q2 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1852000 | USD |
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2015-06-30 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2015 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
NOVAVAX INC | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001000694 | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | ||
dei |
Trading Symbol
TradingSymbol
|
NVAX | ||
CY2015Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
269640511 | shares |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
47000 | USD | |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
-1000 | USD | |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
0 | USD | |
us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
615000 | USD | |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-2152000 | USD | |
us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
|
-1543000 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-2105000 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-2159000 | USD | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-47116000 | USD | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-33833000 | USD | |
us-gaap |
Contracts Revenue
ContractsRevenue
|
22966000 | USD | |
us-gaap |
Contracts Revenue
ContractsRevenue
|
12713000 | USD | |
nvax |
Research And Development Collaboration
ResearchAndDevelopmentCollaboration
|
906000 | USD | |
nvax |
Research And Development Collaboration
ResearchAndDevelopmentCollaboration
|
3008000 | USD | |
us-gaap |
Revenues
Revenues
|
23872000 | USD | |
us-gaap |
Revenues
Revenues
|
15721000 | USD | |
us-gaap |
Contract Revenue Cost
ContractRevenueCost
|
5307000 | USD | |
us-gaap |
Contract Revenue Cost
ContractRevenueCost
|
8123000 | USD | |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
50769000 | USD | |
us-gaap |
Research And Development Expense
ResearchAndDevelopmentExpense
|
29720000 | USD | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
12931000 | USD | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
10114000 | USD | |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
69007000 | USD | |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
47957000 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-45135000 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-32236000 | USD | |
us-gaap |
Investment Income Net
InvestmentIncomeNet
|
256000 | USD | |
us-gaap |
Investment Income Net
InvestmentIncomeNet
|
32000 | USD | |
CY2014Q2 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
20000 | USD |
CY2015Q2 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
134000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
62000 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
103000 | USD | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
-70000 | USD | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
18000 | USD | |
us-gaap |
Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
|
0 | USD | |
us-gaap |
Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
|
615000 | USD | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.18 | ||
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.15 | ||
CY2015Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2014Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2015Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
2000000 | shares |
CY2014Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
2000000 | shares |
CY2015Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2014Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2015Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2014Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2015Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2014Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2015Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
600000000 | shares |
CY2014Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
300000000 | shares |
CY2015Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
269095405 | shares |
CY2015Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
268639975 | shares |
CY2014Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
239287294 | shares |
CY2014Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
238831864 | shares |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="center"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt"> <b><font style="FONT-SIZE: 10pt">Note 1 – Organization</font></b></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">Novavax, Inc. (“Novavax,” and together with its wholly owned subsidiary “Novavax AB,” the “Company”) is a clinical-stage vaccine company focused on the discovery, development and commercialization of recombinant nanoparticle vaccines and adjuvants. The Company’s product pipeline targets a variety of infectious diseases with vaccine candidates currently in clinical development for respiratory syncytial virus (“RSV”), seasonal influenza, pandemic influenza and Ebola virus (“EBOV”). The Company has additional preclinical stage programs in a variety of infectious diseases, including Middle East Respiratory Syndrome (“MERS”).</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt 0.25in" align="justify"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt 0.25in" align="justify"><strong><i><font style="FONT-SIZE: 10pt">Use of Estimates</font></i></strong></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt"> </font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States, requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ materially from those estimates.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | ||
nvax |
Services Purchased
ServicesPurchased
|
6700000 | USD | |
nvax |
Services Purchased
ServicesPurchased
|
1000000 | USD | |
nvax |
Remaining Obligation Under Master Services Agreement
RemainingObligationUnderMasterServicesAgreement
|
800000 | USD | |
CY2015Q2 | us-gaap |
Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
|
8700000 | USD |
CY2015Q2 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
800000 | USD |
CY2014Q4 | us-gaap |
Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
|
800000 | USD |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
23248254 | shares | |
us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
16514230 | shares | |
us-gaap |
Contracts Revenue
ContractsRevenue
|
101000000 | USD | |
CY2015Q2 | us-gaap |
Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
|
0.2 | pure |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
|
0.0213 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
|
0.0222 | pure | |
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure |
CY2014Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
4514000 | USD | |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
2892000 | USD | |
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
4.42 | |
CY2014Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
1.92 | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
4.42 | ||
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
|
2.48 | ||
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
|
0.0137 | pure |
CY2014Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
|
0.0133 | pure |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMinimum
|
0.0124 | pure | |
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRateMaximum
|
0.0213 | pure |
nvax |
Available For Sale Securities Number Of Securities Owned
AvailableForSaleSecuritiesNumberOfSecuritiesOwned
|
47000 | shares | |
nvax |
Available For Sale Securities Number Of Securities Owned Unrealized Losses
AvailableForSaleSecuritiesNumberOfSecuritiesOwnedUnrealizedLosses
|
33000 | shares | |
CY2015Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
|
865000 | USD |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
400000 | USD | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
600000 | USD | |
CY2015Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
|
865000 | USD |
nvax |
Sale Of Common Stock Under Sales Agreement
SaleOfCommonStockUnderSalesAgreement
|
679000 | USD | |
nvax |
Sale Of Common Stock Under Sales Agreement
SaleOfCommonStockUnderSalesAgreement
|
0 | USD | |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
254727000 | shares | |
us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
213075000 | shares | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
0 | USD | |
us-gaap |
Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
|
12000 | USD | |
us-gaap |
Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
|
0 | USD | |
us-gaap |
Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
|
171000 | USD | |
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
|
0.5418 | pure |
CY2014Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
|
0.5287 | pure |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
|
0.5358 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Minimum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMinimum
|
0.5247 | pure | |
CY2015Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
|
0.6839 | pure |
CY2014Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
|
0.5381 | pure |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
|
0.6839 | pure | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRateMaximum
|
0.6793 | pure | |
CY2015Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
|
433000 | USD |
CY2015Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
|
865000 | USD |
CY2015Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
|
865000 | USD |
CY2015Q2 | us-gaap |
Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
|
865000 | USD |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
6000000 | USD | |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
1700000 | USD | |
CY2015Q2 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
35200000 | USD |
us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
|
P1Y7M6D |